MATERIAL FACT

COSAN S.A. (B3: CSAN3; NYSE: CSAN) ("Cosan" or "Company"), in compliance with the provisions of CVM Resolution No. 44, of August 23, 2021, informs its shareholders and the market in general thatsigned on this datean Association and Investment Agreement withPorto Seguro Serviços e Comércio S.A. ("PortoServiços"), subsidiary of PORTO SEGURO S.A. (B3: PSSA3)("Porto Seguro"),aiming to form a joint venture for the creation of a mobility services platform ("Mobitech").Among the services to be offered are: vehicle subscription models, fleet management for companies, among other modalities of rentals.

Such association will be made through Cosan's investment-fund structure with a capital contribution to Mobitech by the Company in the amount of approximately R$ 300 million, subject to adjustments usual to this type of transaction, as well as the contribution, by Porto Seguro, of the CarroFácil business, which currently offers vehicle subscription service. Operational and commercial agreements will also be established between Mobitech and the companies and partners of both ecosystems.Therefore, Porto Seguro and Cosan will both hold a 50% stake of the stock capital of Mobitech, which will have an independent management structure and its own corporate governance.

This joint venture is yet another important step in Cosan'ssustainable capital allocation process, investing in the development of new products and technologiesin synergy with its business portfolio. The union of Cosan's and Porto Seguro's complimentary ecosystems, as well as the sum of their best management practices, will allow the development of differentiated mobility solutions to provide facility and safety to customers, leveraging the business value creation.

The implementation of the association and the closing of the transaction depend on the fulfillment of usual conditions for transactions of this nature, including obtaining authorization from the Administrative Council for Economic Defense - CADE.

The Company and Porto Seguro, represented by their CEOs, will jointly host a public conference call with the market to detail the joint ventureMobitechon Tuesday, November 09, 2021, at 01:00 pm. To join the conference call, please register through the link available on the Company's investor relations website(or click here- simultaneous translation to English available).

Cosan will keep its shareholders and the market informed of any new information regarding the matter related to this Material Fact.

São Paulo, November08, 2021.

Marcelo Eduardo Martins

Chief Financial and Investor Relations Officer


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Cosan SA published this content on 09 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 November 2021 13:33:19 UTC.